Latvia

In Paris, a Latvian bank, Rietumu Banka, was fined 80 million euros ($91 million USD) for participating in a money laundering scheme involving at least 200 million euros and has also been barred from operating in France for five years…. Read more >

The Latvian Finance and Capital Market Commission worked with the Federal Bureau of Investigation (FBI) in order to identify three Latvian banks (Regionala Investicijù Banka, Baltikùms Bank, and Privatbank) that are now being fined a total of EùR 641,514 (USD $1,033,782.95)… Read more >